U.S. retail sales post solid advance to close out moderate 2019

OVERALL U.S. RETAIL sales in December increased 5.8% year over year. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
OVERALL U.S. RETAIL sales in December increased 5.8% year over year. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
WASHINGTON – United States retail sales strengthened in December, thanks to a late holiday-shopping rush that wrapped up a more-moderate year of spending at the nation’s merchants. The value of receipts at retailers rose 0.3%, matching the prior month’s revised gain, and climbed 5.8% from December 2018, Commerce Department figures showed Thursday. Stronger sales occurred…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display